From the Desk of Kimmy Sokoloff
September 11: Never forget.
We have a big week ahead of us, and the indices are indicating higher this morning.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
September 11: Never forget.
We have a big week ahead of us, and the indices are indicating higher this morning.
by David
From the Desk of Kimmy Sokoloff
We saw a decent bounce from the start of the day and then the market sat idle.
$SPY needs to be above 446.80 to really get going higher.
by David
The largest insider transaction on today’s list comes in a Form 4 filed by Broadwood Capital.
The hedge fund revealed a purchase of $7.8 million in STAAR Surgical Company $STAA, increasing its ownership stake to 18%.
by David
From the Desk of Kimmy Sokoloff
It’s been a very bumpy week, and now we need to see if the indices are going to head higher from here or pull in more.
$SPY support is at 440.
by David
From the Desk of Kimmy Sokoloff
The market pulled in for yet another day.
We’ll see if we’re flagging to head higher or to see 435 to 440 on $SPY.
Please keep in mind that my shorts are one-tenth of my long trades position-size-wise.
If I stay in a short position for a longer period of time, I add on pops and buy back till I complete the position.
by David
The largest insider transaction on today’s list comes in a Form 4 filed by Kevin Stein, director of Axalta Coating Systems Ltd $AXTA.
Stein reported a purchase of 36,600 AXTA shares, equivalent to $1 million.
by David
From the Desk of Kimmy Sokoloff
The market is riding a thin line.
There’s potential for $SPY to drop down to 440 if we can’t rally above 446.
by David
From the Desk of Kimmy Sokoloff
The S&P 500 dropped right down to the breakout level from last week.
Question is, do we hold or head down to 4,430, then 4415?
This index needs to hold above 4,475 to head back up hill.